Australia’s only dedicated cyber security accelerator, CyRise, has been selected to operate the New South Wales government’s $1 million Cyber Security Accelerator program, to be based within Sydney’s Tech Central district.
CyRise champions cyber security start-ups in the Asia Pacific region and will provide superior cyber skills for more than 120 businesses in Sydney.
“CyRise is a proven cyber security start-up accelerator with a strong record of helping fast-track businesses to grow, diversify and attract investment,” minister for Enterprise, Investment and Trade Alister Henskens said.
“The global cyber security industry is expanding rapidly and presents a significant opportunity for local businesses to upskill their staff.”
CyRise CEO, Scott Handsaker, said the program will make NSW a beacon to the cyber security industry globally.
“We are thrilled to deliver a program that accelerates a start-up’s growth trajectory and delivers connections, customers and advice at the right time. We will work together to provide an unparalleled go-to-market for NSW cyber startups,” Handsaker said.
Through the program, CyRise will offer three-day boot camps, a 14-week accelerator program for start-ups, and a new scale up program for later stage scaling businesses.
“This program will help companies sharpen their products, fine-tune business models and boost their connections with international investors,” Henskens said.
“It will support businesses to ‘go global’ faster and attract cutting-edge talent to NSW, which will grow the economy and help secure a brighter future for our state.”